501 1ST AVECulver, OR97734

$1,450,000
13029 sq. ft
0.66 acres
SqFt20000toAcres1
Zoning: C1
321 days on market

VestorFilter™

Price per ft²$111.29/ft²
Recent price drop$50,000
Price per acre$2.2M/ac
Time on market321 days

Property Description

General Grocery, retail and apartment rentals. Culver is currently growing at a rate of 2.3% annually and its population has increased by 7.05% since the most recent census. Gateway to the Cove Palisades State Park, and Lake Billy Chinook Recreation Area. Seasonal retail activity, large local demand, center of Culver, and multiple income streams that will benefit from Central Oregon's massive expansion. One of the original grocery stores in the area. Ready for the innovative entrepreneur to re-brand, and capitalize on a growing region, and benefit from new housing developments. C1 Zoning - retail, coffee shop, business services. Owner open to 5 year lease with options, and improvements are paid by lessee. Do not disturb business. Call broker for details.

{{ compliance-logo }}Listing Provided By Coldwell Banker Bain

Financial Data

Price ChangeDropped $50,000 on 03/20/2024
Total $50,000 drop
Original Price$1,500,000
Current Price$1,450,000
Property Taxes$2,697

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Home Facts

StatusActive
Year Built1946
Stories2
MLS ID23406125